Microsoft (NASDAQ:MSFT) has launched a new software, Security Copilot, which brings OpenAI’s ChatGPT capabilities to the company’s cybersecurity offerings. The chatbot has been powered by OpenAI’s latest GPT-4 generative Artificial Intelligence (AI) and Microsoft’s own security-specific model.
With this software, professionals will be able to easily and quickly detect and fix cybersecurity issues. Additionally, it will help security teams identify any connections between different hacking components, correlate threat activity, and reach more effective decisions. Further, it will suggest the best course of action for the prompt removal of threats.
This is Microsoft’s latest attempt to integrate AI into its most popular products in order to stay ahead of its competitors. Earlier this year, the company integrated the technology into its Bing search engine and its Power Platform, which allowed users to develop apps with minimal coding. Moreover, Microsoft plans to bundle the ChatGPT technology with its Microsoft 365 software suite.
Is Microsoft Buy, Sell, or, Hold?
Overall, Wall Street analysts are bullish on MSFT stock’s prospects. It has a Strong Buy consensus rating based on 26 Buys, four Holds, and one Sell. The average price target of $293.96 implies about 7% upside potential.